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IFSC Code of Union Bank Of India, Ashok Nagar, Hyderabad, Telangana — UBIN0807061

The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Union Bank Of India for its Ashok Nagar branch in Hyderabad, Hyderabad, Telangana, this complete guide will provide you with detailed information.

The banking system in India has changed over the years, and today customers of Union Bank Of India located in Hyderabad or anywhere in Telangana can transfer funds instantly by using the correct IFSC Code UBIN0807061. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Union Bank Of India, Ashok Nagar, Hyderabad

The table below shows the main details of the IFSC Code UBIN0807061 for the Union Bank Of India branch in Hyderabad, which falls under the Hyderabad district in Telangana.

Particulars Details
Bank Union Bank Of India
IFSC Code UBIN0807061
Branch Ashok Nagar
City Hyderabad
District Hyderabad
State Telangana
Address 1/10/233/A,Sai Lakshmi Residency,Street No 6Ashoknagar Colony

These details are essential not only for online banking users but also for businesses and individuals who use Union Bank Of India in Hyderabad for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UBIN0807061 for the Ashok Nagar branch of Union Bank Of India plays an important role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with Union Bank Of India located in Ashok Nagar, Hyderabad, Telangana, are given a unique IFSC like UBIN0807061 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Hyderabad.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents any kind of confusion between different branches of the same bank in places like Hyderabad and Hyderabad.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It helps ensure that any money sent to Union Bank Of India in Ashok Nagar goes to the correct branch. This is important because Union Bank Of India has thousands of branches in Telangana and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code UBIN0807061

The format of the IFSC Code for banks, including Union Bank Of India, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown of this:

  • First 4 characters (AAAA): Represent the bank code. For Union Bank Of India, these characters are the bank's short identifier.
  • 5th character (0): Always zero which is reserved for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Ashok Nagar in Hyderabad.

For example, the IFSC Code UBIN0807061 of Union Bank Of India for the Ashok Nagar branch includes these elements, identifying the bank and the branch location in Hyderabad and Telangana accurately.

How to Find IFSC Code for Union Bank Of India?

If you are trying to find the IFSC Code UBIN0807061 of Union Bank Of India for its Ashok Nagar branch located in Hyderabad, the following methods can help:

Cheque Book

The cheque book issued by Union Bank Of India includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.

Passbook

Most banks, including Union Bank Of India branches in Hyderabad and Hyderabad, print the IFSC and MICR codes on the first page of your passbook.

Bank Website

Visit the official website of Union Bank Of India and navigate to the branch locator section. Search for Ashok Nagar or Hyderabad to get the exact IFSC Code UBIN0807061.

Mobile Banking App

If you use Union Bank Of India's mobile app, you can check your account details to find your branch's IFSC code.

RBI Website

The Reserve Bank of India keeps an updated list of all IFSC codes. If you search for Union Bank Of India and Hyderabad, you'll get the correct details.

How to Use IFSC Code UBIN0807061 for Online Transfers?

Once you have the IFSC Code UBIN0807061 for the Ashok Nagar branch of Union Bank Of India in Hyderabad, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code UBIN0807061. The transfer is completed in batches instead of instantly. It is useful for both personal and business payments.

RTGS

Used for high-value payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. Requires the recipient's account details and Union Bank Of India IFSC Code UBIN0807061.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Union Bank Of India Ashok Nagar in Hyderabad, your payment can get delayed or might not go through at all.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Union Bank Of India in Ashok Nagar, you can find it by any of the following ways:

  • Check the bottom of your cheque leaf.
  • Go to the first page of your passbook.
  • Visit the official Union Bank Of India website.
  • Search the RBI portal.

Having both IFSC and MICR codes helps account holders in Hyderabad manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Union Bank Of India in Ashok Nagar, Hyderabad?

The IFSC Code is UBIN0807061.

Is the IFSC Code UBIN0807061 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and IFSC is for online transfers.

Where can I find the IFSC Code of Union Bank Of India Ashok Nagar?

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Ashok Nagar branch?

The address of the branch is 1/10/233/A,Sai Lakshmi Residency,Street No 6Ashoknagar Colony located in Hyderabad, Hyderabad, Telangana.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.

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